Beldex Price, Chart, Market Cap, BDX Coin Essentials

beldex coin price

Beldex is a fork of Monero, a privacy-oriented service popular for its anonymity and untraceability among crypto investors preferring private coins. The distribution of tokens is allocated to the team, the staking program, partnerships, and marketing activities. Beldex offers rewards and incentives for users participating in the network. It is designed to facilitate various transactions and activities within the ecosystem.

Current Beldex market cap?

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the BDX price. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Beldex project aims to bring privacy as the foremost aspect of cryptocurrency through its native utility coin beldex coin price BDX.

Beldex is a privacy coin that provides a private ecosystem through decentralized applications. It’s based on advanced hybrid digital decentralized technology with higher liquidity and private transactions. Blockchain technology was marketed to the general public as private and completely anonymous. However, the promise of pseudonymity has proved to be hype, as, over the years, Bitcoin or Ethereum transactions have been repeatedly traced to real owners. Private addresses have proved sufficient to identify the users behind them and expose the nature and details of transactions to the public.

  1. The entire project is based on making blockchain transactions more private, untraceable, and secure.
  2. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose.
  3. In a privacy-based blockchain, the transaction does not reveal the sender, the receiver, or the transaction amount.
  4. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
  5. Beldex project aims to bring privacy as the foremost aspect of cryptocurrency through its native utility coin BDX.

No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. Among all the assets available on CoinStats, these have the most similar market capitalization to Beldex. The BDX token protects the users’ privacy in the Beldex ecosystem, enabling privacy in messages, transactions, browser usage, and IP location.

Beldex Price Chart (BDX)

Beldex traders use a variety of tools to try and determine the direction in which the BDX market is likely to head next. As of Nov 18, Beldex has a market capitalization of $543.4 Million and is ranked #126 among all cryptocurrencies. This calculation is based on the circulating supply of Beldex However, if we take into account the total supply of Beldex, the market capitalization would be $807.6 Million. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Beldex price chart.

beldex coin price

Beldex price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of . This table lists the real-time conversion rate of Canadian Dollar (CAD) into Beldex (BDX) for many of the most used multiples. This table lists the live conversion rate of Beldex (BDX) into Canadian Dollar (CAD) for many of the most popular multiples. Staking and POS Masternode allow validators to secure the network while incentivizing them. Anyone can bet on BDX and become a validator by setting up a dedicated masternode or betting on Beldex’s shared masternode pools. Privacy-based altcoins such as Beldex were created to overcome this issue by allowing users to anonymously transact with a privacy coin.

Beldex Price

The core of the platform is the ring signature algorithm, which allows users to combine their transactions with those of other participants. When trying to make a Beldex forecast, many traders also try to monitor the activity of BDX “whales”, which are entities and individuals that control large amounts of BDX. Since the Beldex market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Beldex’s price movements. Over the past 7 days, Beldex price was most positively correlated with the price of and most negatively correlated with the price of . Beldex (BDX) is a cryptocurrency that operates on its own blockchain, launched in January 2019.

Beldex Price Prediction FAQ

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Beldex investors’ sentiment, and is based primarily on Bitcoin-related market data. CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. Most traders use candlestick charts, as they provide more information than a simple line chart. The Beldex price prediction on CoinCodex is calculated using the historical Beldex price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years.

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